Today the news is full of discussion about the growing crisis between Russia and Ukraine over the supply of gas. Currently Russia is accusing the Ukraine of stealing gas being supplied to the EU. The crisis began over negotiations where Ukraine was asked to foot a price hike that more than tripled the cost of it’s gas. However, it affects us in the UK, because the main gas pipeline to Western Europe runs through the Ukraine, and as our own gas supplies dwindle, the UK is increasingly starting to rely on imports.
So although the UK supplies are not affected by the current crisis, perhaps the current crisis will focus more attention on the growing issue of how we in the UK generate our electricity, and heat our homes in the future.
Update: Dave Caddick has a post on much the same subject, including an interesting graphic showing quite what a powerful position Russia is in with regards to the energy markets.